Snap shackle to pop? Kodak's ICO
① There isn't yet a digital token called RichandstupidCoin, but it would almost certainly raise millions.
② Today's batch of initial coin offerings, in which firms issue a token that can be used to buy and sell whatever service they are financing, includes KodakCoin.
③ The idea is that photographers register their work on a blockchain-based rights-management system; payment for use of their images will be made with the tokens.
④ But a crypto-currency hinders rather than helps.
⑤ Why would a photographer want to be paid in a token that would be hard to turn into cash when they could use an agency that pays them with actual moolah?
⑥ Kodak, which will own 3% of all the coins and take royalties from each transaction, will not care.
⑦ Its shares soared when plans for KodakCoin were unveiled earlier this month, proving that fools can be parted from their money in many different markets.
▍生词好句
IPO: initial public offering (首次公开募股)
Bitcoin: n. 比特币
snap /snap/: n. 拍照；照相
shackle /ˈʃak(ə)l/: n. 钩锁；手铐
snap shackle: 弹簧钩；钩锁
pop /pɒp/: vi. 崩开；弹开；突然出现；流行
digital token / currency: 数字货币；电子货币
token /ˈtoʊkən/: n. 代币；象征
batch /batʃ/: n. 一批
issue /ˈɪsjuː, ˈɪʃuː /: vt. 发行；发布
register /ˈrɛdʒɪstə/: vt. 登记；注册
blockchain /ˈblɒktʃeɪn/: n. 区块链
crypto-currency /ˈkrɪptəʊˌkʌr(ə)nsi/: n. 加密货币
crypto-communist: n. 地下党员
hinder /ˈhɪndə/: vi. 妨碍
moolah /ˈmuːlə/: n. 钱
royalty /ˈrɔɪəlti/: n. 版税；中间抽成费用
soar /sɔr/: vi. 急剧增长；翱翔
unveil /ˌənˈveɪl/: vt. 揭晓；公开宣布；揭去面纱